The Sparklersimperial Knights Inc

Analysis

The Sparklersimperial Knights Inc is a registered charity in United States, based in Hauppauge, NY. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Sparklersimperial Knights Inc reported income of $226k and spending of $132k, leaving 42% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $483k to $226k (-53%), an average of -22% a year. The sharpest change came in the year to June 2023, when income rose by 451%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Sparklersimperial Knights Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include San Fernando Valley Girls Softball Assn Inc ($226k), Plainfield Soccer Association NFP ($226k) and Chaska Area Football Association ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 60% of the total. At year end it held assets of $162k against liabilities of $2,247, net assets of $159k.